August 21st, Guo Longhui | The American cosmetics giant Coty Inc (COTY.US) rose more than 6% in early trading, reaching a high of $10.11. In terms of news, Coty announced its fourth quarter performance ending June 30th, with a revenue of 1.36 billion US dollars, a 1% year-on-year increase, compared to market expectations of 1.38 billion US dollars; adjusted loss per share is $0.03, while the market expected earnings per share of $0.05. The company estimates that the year-on-year sales growth in 2025 will be between 6 and 8%, with earnings per share between $0.54 and $0.57, while analysts expect $0.44.
美股异动丨科蒂盘初一度涨超6% 2025年每股盈利指引超预期
US stocks move abnormally. Coty Inc. initially rose more than 6% in early trading, exceeding the profit guidance per share for 2025.
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